the productivity and the economy is 100% greater. and the workers who aret the low-wage end are far more educated now than they were then. we have an economy that has not benefited most people over three decades. what is important about the minimum wage is that we need to start having standards where the employers are now competing gai against each other as to who can underpay their workers. >> yes. >> and provide and give the least of the workers. so one small employer may have minimum wage workers and when they raise the minimum wage, all of the other small employers in the same industry are going to have to pay the workers more. if one is hurt more than the other, it is because they are competing based on having lower wages. we need to have a labor standard, a wage floor. this is what i disagree with the president somewhat on this, and i think about it as christine owens does, because it is not a poverty thing, because we want to help the low-wage workers, but it is an adult working women's issue, and they live in families of 60th